senate Bill S781

2011-2012 Legislative Session

Establishes the empire virtual incubator program within the New York state office of science, technology and academic research

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 04, 2012 referred to finance
Jan 05, 2011 referred to finance

S781 - Details

Current Committee:
Law Section:
Executive Law
Laws Affected:
Add ยง209-u, Exec L
Versions Introduced in 2009-2010 Legislative Session:
S4674

S781 - Summary

Establishes the empire virtual incubator program within the New York state office of science, technology and academic research.

S781 - Sponsor Memo

S781 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   781

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 5, 2011
                               ___________

Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Finance

AN ACT to amend the executive  law,  in  relation  to  establishing  the
  empire virtual incubator program

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The executive law is amended by adding a new section  209-u
to read as follows:
  S 209-U. ESTABLISHMENT OF THE EMPIRE VIRTUAL INCUBATOR PROGRAM. 1. THE
OFFICE  SHALL  ESTABLISH  A  WEB  BASED VIRTUAL INCUBATOR PROGRAM, TO BE
KNOWN AS THE EMPIRE VIRTUAL INCUBATOR PROGRAM, DESIGNED TO ASSIST ENTRE-
PRENEURS WHO ARE SEEKING TO ESTABLISH OR WHO ARE OPERATING  SMALL  BUSI-
NESS  VENTURES IN RURAL AREAS WHERE, FOR REASONS OF DISTANCE, POPULATION
DISPERSAL OR SCALE OF BUSINESS VENTURE, CONVENTIONAL BUSINESS INCUBATION
AND ASSISTANCE PROGRAMS ARE NOT FEASIBLE. THE PROGRAM WILL  UTILIZE  THE
INTERNET  TO DELIVER SERVICES TO ENTREPRENEURS INCLUDING BUT NOT LIMITED
TO BUSINESS PLANNING, STRATEGIC GUIDANCE ON MARKETS, ANALYSIS  OF  PROOF
OF  CONCEPT  ACTIVITIES,  SUPPORT IN REACHING STATE, NATIONAL AND GLOBAL
MARKETS, ACCESS TO BUSINESS MENTORS, AND MANAGEMENT CONSULTING.
  2. FOR THE PURPOSES OF THIS SECTION:
  (A) "ELIGIBLE BUSINESS" SHALL MEAN A START-UP OF  NEW  AGRIBUSINESSES,
AGRICULTURE  OR RELATED VALUE-ADDED SMALL BUSINESS FOCUSED ON THE DEVEL-
OPMENT AND IMPLEMENTATION OF NEW AND ALTERNATIVE PRODUCTION, PROCESSING,
STORAGE, DISTRIBUTION AND MARKETING TECHNOLOGIES  AND  IMPROVEMENTS  FOR
NEW  YORK  FOOD,  AGRICULTURAL  AND FOREST PRODUCTS AND THOSE BUSINESSES
TRANSITIONING TO PRODUCTION OF NON-TRADITIONAL, HIGH-VALUE  ADDED  CROPS
FOR A NATIONAL OR INTERNATIONAL MARKET;
  (B)  "TENANT" SHALL MEAN AN INDIVIDUAL OR BUSINESS SELECTED TO PARTIC-
IPATE IN THE VIRTUAL INCUBATION PROGRAM; AND

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03448-01-1

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